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April 30, 2006

Can the dollar block survive another bout of dollar weakness?

In case you haven't noticed, the dollar is now closer to 1.30 (v. the euro) than 1.20 - or even 1.15.  Carry is no longer king.   There is talk of a "regime change" in the fx market.  Or at least an …

December 27, 2006

Monetary Policy
Asian central bank watch, last week of December edition

The reasons why central banks in India and Thailand decided to be more “scrooge” than “santa” this December are coming into clearer focus. Take India.  Before the Reserve Bank of India (RBI) hi…

April 6, 2008

Financial Markets
A RMB that isn’t appreciating cannot be killing you …

The premise of Joe Nocera’s New York Times story “Two factories, two firms” is logical enough: an appreciating RMB should hurt a low-end, cost-conscious textile exporter and help a higher-end manufac…

August 1, 2009

North Korea
The Missing Consensus: U.S. Policy Specialist Views on Korea

Stephen Costello is President of ProGlobal, Inc. He previously directed the Program on Korea at the Atlantic Council of the United States and was Director of the Kim Dae-jung Peace Foundation, U.S…

Amb. Susan Rice on North Korean Missile Launch

December 1, 2009

North Korea
Dispatch From Pyongyang: An Offer You Can’t Refuse!

Every North Korean seems to have been mobilized for an all-out push to mark their country’s arrival as a “strong and powerful nation” in 2012, which marks the hundredth anniversary of Kim Il-sung’s b…

Ruryong Hotel in Pyongyang